Regency Affiliates, Inc. (OTCMKTS:RAFI) Announces Quarterly Dividend of $0.08

Regency Affiliates, Inc. (OTCMKTS:RAFI) declared a quarterly dividend on Thursday, December 19th,NASDAQ Dividends reports. Stockholders of record on Tuesday, December 31st will be paid a dividend of 0.078 per share on Tuesday, January 7th. This represents a $0.31 annualized dividend and a dividend yield of 6.72%. The ex-dividend date is Tuesday, December 31st.

Regency Affiliates Stock Up 3.1 %

Shares of RAFI traded up $0.14 during trading hours on Friday, reaching $4.64. The stock had a trading volume of 2,058 shares, compared to its average volume of 3,373. Regency Affiliates has a 12 month low of $4.10 and a 12 month high of $5.25. The company’s 50-day moving average is $4.58 and its two-hundred day moving average is $4.58.

About Regency Affiliates

Regency Affiliates, Inc, through its interest in MESC Capital, LLC, owns an on-site energy facility that supplies approximately 61 megawatts of steam and electricity to a Kimberly-Clark tissue mill in Mobile, Alabama. It also owns and operates 34.3 acres of land and rental property of approximately 717,000 square feet comprising a 2-story office building and a connected 6-story office tower in Woodlawn, Maryland through a limited partnership interest.